Core Viewpoint - PagSeguro Digital Ltd. (PAGS) has seen a 12.2% increase in share price over the past four weeks, closing at 10.61 [1] Price Targets and Analyst Estimates - The mean estimate consists of 11 short-term price targets with a standard deviation of 5 (36.9% decline), while the highest is $16 (102% increase) [2] - A low standard deviation suggests a high degree of agreement among analysts regarding the stock's price movement direction, which can serve as a starting point for further research [7] Earnings Estimates and Analyst Optimism - Analysts are optimistic about PAGS's earnings prospects, as indicated by a positive trend in earnings estimate revisions, which has historically correlated with stock price movements [9] - Over the last 30 days, two earnings estimates for PAGS have increased, leading to a 6.4% rise in the Zacks Consensus Estimate [10] Zacks Rank and Investment Potential - PAGS holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, suggesting a strong potential upside in the near term [11] Conclusion on Price Targets - While the consensus price target may not reliably indicate the extent of PAGS's potential gains, it does provide a useful guide for the direction of price movement [12]
Wall Street Analysts See a 33.96% Upside in PagSeguro Digital (PAGS): Can the Stock Really Move This High?